Bitcoin & Altcoins
If inflation remains high, the Fed may keep interest rates elevated. Because of this, selling pressure could hit $BTC and altcoins.
(Bearish risk)
#Gold $XAU
If the US dollar and bond yields rise, Gold may face downward pressure. However, due to safe-haven demand, Gold can also move in the opposite direction.
#US Dollar
Strong inflation data could strengthen the dollar, as the market may scale back its expectations for interest-rate cuts.
